Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Sets New 1-Year High at $157.20

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) hit a new 52-week high during trading on Monday . The company traded as high as GBX 157.20 ($1.94) and last traded at GBX 157.20 ($1.94), with a volume of 176716 shares changing hands. The stock had previously closed at GBX 156.40 ($1.93).

Templeton Emerging Mkts Invmt Tr TEMIT Trading Up 0.5 %

The company has a debt-to-equity ratio of 5.17, a quick ratio of 3.25 and a current ratio of 36.22. The business has a fifty day simple moving average of GBX 152.45 and a 200 day simple moving average of GBX 149.16. The stock has a market capitalization of £1.76 billion, a price-to-earnings ratio of 1,117.14 and a beta of 0.65.

Insider Buying and Selling at Templeton Emerging Mkts Invmt Tr TEMIT

In related news, insider Angus Macpherson bought 68,000 shares of Templeton Emerging Mkts Invmt Tr TEMIT stock in a transaction dated Monday, February 12th. The shares were bought at an average cost of GBX 148 ($1.83) per share, with a total value of £100,640 ($124,308.30). Insiders own 0.46% of the company’s stock.

Templeton Emerging Mkts Invmt Tr TEMIT Company Profile

Templeton Emerging Markets Investment Trust plc is a closed-ended equity mutual fund launched and managed by Franklin Templeton International Services S.a.r l. The fund is co-managed by Franklin Templeton Investment Management Limited and Templeton Asset Management Ltd. It invests in the public equity markets of developing countries across the globe.